NEW DELHI : Efforts are being made to bring down the import of defence equipment, promoting manufacturing either by Indian manufacturers or foreign companies in the country under Make in India programme, the Lok Sabha was informed today.
Replying during Question Hour, Defence Minister Manohar Parrikar said imports that was 52.47 per cent of the total acquisitions (Rs 66850.30 crore) in 2013-14 was brought down to 38.1 per cent in 2014-15 and is targeted to be brought down to 30 per cent by next two years.
He said defence asset, capital procurements flow from the defence procurement planning process comprising 15-year long term integrated perspective plan(LTIPP), five-year service capital acquisition plan(SCAP) and annual acquisition plan(AAP).
Presently, LTIPP 2012 to 2027 is in vogue, the Minister added. Responding to another question, Mr Parrikar said manufacturing facilities in defence shipyards are working in full capacity and they have supplied orders of Rs 1.5 lakh crore which would take almost 15 years to comply with supply.
On budgetary allocations, the Minister said in 2015-16, defence budget was Rs 6,011.06 crore on revenue head and Rs 6,480.15 crore on capital head that has now been proposed at Rs 6728.05 crore and Rs 6,865.73crore for 2016-17. (AGENCIES)
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